2023-03-31-accounts - Growing Space

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							Page
Trustees' annual report (incorporating				the	director's	report)
Independent	auditor's	report to	the members
Statement	offinancial	activities	(including		income and
expenditure	account)
Statement	offinancial	position					12
Statement	ofcash flows						13
Notes to the financial		statements					14

Reference	and adm	inistrative	inistrative	details	details
Registered	charity	name		Growing Space
Charity registration		number		1071540
Company	registration		number	03378760
Pdncipal office and		registered		1 Lincoln Terrace
office				Merthyr Tydfil
				South Wales
				CF47 OTU
The trustees
				BA Humphreys
				R D Blair CBE
				L C Evans
				P ELea
Company	secretary			William Peter Up ham
Auditor				Walter Hunter	&Co Limited
				Chartered accountants		&statutory	auditor
				24 Bridge Street
				Newport
				South Wales
				NP20 4SF

					2023		2022
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	E	F	F	E
Income and endowments
Donations and legacies			5	2,892		2,892	2,472
Charitable activities			6	65,013	1,096,167	1,161,180	1,163,536
Other trading activities			7	78,797		78,797	60,846
Investment income			8	1,352		1,352	129
Total income				148,054	1,096,167	1,244,221	1,226,983
Expenditure
Expenditure on charitable		activities	9,10	46,222	1,193,575	1,239,797	1,130,157
Total expenditure				46,222	1,193,575	1,239,797	1,130,157
Net income				101,832	(97,408)	4,424	96,826
Transfers between	funds			51,100	(51,100)
Net movement in	funds			152,932	(148,508)	4,424	96,826
Reconciliation of	funds
Total funds brought	forward			285,681	421,086	706,767	609,941
Total funds carried forward				438,613	272,578	711,191	706,767

31 March 2023
					2023	2022
				Note	E	F
Fixed assets
Tangible fixed assets				15	62,175	61,492
Current assets
Debtors				16	103,797	91,250
Cash at bank and	in	hand			665,649	677,016
					769,446	768,266
Creditors: amounts		falling	due within one year	17	120,430	122,991
Net current assets					649,016	645,275
Total assets less	current		liabilities		711,191	706,767
Net assets					711,191	706,767
Funds ofthe charity
Restricted funds					272,578	421,086
Unrestricted funds					438,613	285,681
Total charity funds				20	711,191	706,767

			2023	2022
			5
Cash flows from operating	activities
Net income			4,424	96,826
Adjustments for:
Depreciation oftangible fixed assets			15,731	13,586
Other interest receivable and similar income			(1,352)	(129)
Interest payable and similar	charges		831	959
Accrued (income)/expenses			(2,391)	1,504
Changesin:
Trade and other debtors			(12,547)	(7,755)
Trade and other creditors			(170)	4,289
Cash generated from operations			4,526	109,280
Interest paid			(831)	(959)
Interest received			1,352	129
Net cash from operating activities			5,047	108,450
Cash flows from investing	activities
Purchase oftangible assets			(16,414)	(24,179)
Net cash used in investing activities			(16,414)	(24,179)
Net (decrease)/increase in	cash and cash	equivalents	(11,367)	84,272
Cash and cash equivalents	at beginning	ofyear	677,016	592,744
Cash and cash equivalents	at end ofyear		665,649	677,016

There are 4 members oft Donations and legacies	he company (2022:4 membe	rs).
	Unrestricted	Total	Funds	Unrestricted	Total	Funds
	Funds E		2023 F	Funds f		2022
Donations
Donations	2,892		2,892	2,472		2,472

						Unrestricted	Restricted	Total Funds
						Funds	Funds	2023
						F	F	E
Grants Receivable						61,402		61,402
Woodland Routes to		Wellbeing Lottery					35,284	35,284
Newport	City Council						80,861	80,861
BGCBC	Community	Regeneration		Fund			44,669	44,669
Aneurin	Bevan University		Health Board		No More
Barriers							102,223	102,223
Aneurin	Bevan University		Health Board		—Connecting
With Nature							100,000	100,000
Aneurin	Bevan University		Health Board		—Taster
Sessions							170,000	170,000
Aneurin	Bevan University		Health	Board	—Creative
Arts							100,000	100,000
Aneurin	Bevan University		Health Board		—Rainbow
Connectors							21,654	21,645
Aneurin	Bevan University		Health Board		—Crisis Peer
Mentors							111,601	111,601
Kick Start							23,573	23,573
C Mind Big Lottery My Whole Life							17,890	17,890
Caerphilly CBC
WEFO							174,647	174,647
WCVA AIF Learn 8 Grow			VMHE				72,308	72,308
WCVA Resilience Fund Tree Nursery							12,475	12,475
Platform	Out ofWork	Project/					15,482	15,482
Cardiff and Vale Recovery &Wellbeing							13,500	13,500
Other Income						3,611		3,611
						65,013	1,096,167	1,161,180
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022
						F	6	6
Grants Receivable						14,453		14,453
Woodland Routes to		Wellbeing Lottery					34,268	34,268
Newport	City Council						91,525	91,525
BGCBC	Community	Regeneration		Fund
Aneurin	Bevan University		Health Board		- No More
Barriers							97,176	97,176
Aneurin	Bevan University		Health Board		—Connecting
With Nature							100,000	100,000

Aneurin Bevan University	Aneurin Bevan University	Health Board —Taster
Sessions				170,000	170,000
Aneurin Bevan University		Health Board —Creative
Arts				100,000	100,000
Aneurin Bevan University		Health Board —Rainbow
Connectors				106,655	106,655
Aneurin Bevan University		Health Board —Crisis Peer
Mentors				40,189	40,189
Kick Start				39,000	39,000
C Mind Big Lottery	My Whole Life			17,369	17,369
Caerphilly CBC			9,221		9,221
WEFO				241,679	241,679
WCVAAIF Learn	& Grow	VMHE		61,106	61,106
WCVA Resilience	Fund Tree Nursery			37,425	37,425
Platform Out ofWork Project/
Cardiff and Vale Recovery &Wellbeing
Other Income			3,470		3,470
			27,144	1,136,392	1,163,536

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
		F	F	6
Gardening		14,401		14,401
Fundraising	events
Shop income		41,969		41,969
Rent income		1,299		1,299
Other income		21,128		21,128
		78,797		78,797
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		6	F
Gardening		9,504		9,504
Fundraising	events	84		84
Shop income		51,258		51,258
Rent income
Other income
		60,846		60,846

Investment	income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		f	6	F	F
Bank interest	receivable	1,352	1,352	129	129

Expendit	ure on cha	ritabl	e activ	ities by fund type
					Unrestricted	Restricted	Total Funds
					Funds F	Funds f	2023 f
General	Fund				16,562		16,562
Platform	Out ofWork	Project				15,482	15,482
Aneurin	Bevan University		Health	Board - Travel
Buddies						17,484	17,484
Aneurin	Bevan University		Health	Board - No More
Barriers						113,467	113,467
Aneurin	Bevan University		Health	Board - Connecting
With Nature						118,846	118,846
Newport	City Council					73,710	73,710
Aneurin	Bevan University		Health	Board - Taster
Sessions						174,150	174,150
Aneurin	Bevan University		Health	Board - Creative
Arts						108,833	108,833
Aneurin	Bevan University		Health	Board - Rainbow
Connectors						83,318	83,318
BGCBC	Community	Regeneration		Fund		30,003	30,003
Kick Start						43,480	43,480
Aneurin	Bevan University		Health	Board - Crisis Peer
Mentore						112,053	112,053
WCVA						57,837	57,837
Lloyds						11,098	11,098
Gwent Mental Health		Consortium
WEFO						155,278	155,278
WCVA -	Resilience Fund		Tree Nursery			15,565	15,565
Open Spaces Open		Minds Lottery				3,066	3,066
Woodland Routes to		Wellbeing				32,702	32,702
Caerphilly Mind - My		Whole Life				27,203	27,203
Support	costs				29,660		29,660
					46,222	1,193,575	1,239,797
					Unrestricted	Restricted	Total Funds
					Funds	Funds F	2022 f
General	Fund				14,545		14,545
Platform	Out ofWork	Project
Aneurin	Bevan University		Health	Board - Travel
Buddies						15,287	15,287
Aneurin	Bevan University		Health	Board - No More
Barriers						82,975	82,975
Aneurin	Bevan University		Health	Board - Connecting
With Nature						102,335	102,335
Newport	City Council					90,241	90,241
Aneurin	Bevan University		Health	Board - Taster
Sessions						191,998	191,998
Aneurin	Bevan University		Health	Board - Creative
Arts						123,708	123,708

r ended 31 March 20	r ended 31 March 20	23	23
Aneurin Bevan University		Health Board		- Rainbow
Connectors						60,221	60,221
BGCBC Community	Regeneration		Fund
Kick Start						19,093	19,093
Aneurin Bevan University		Health Board		- Crisis Peer
Mentors						26,510	26,510
WCVA						75,431	75,431
Lloyds						7,902	7,902
Gwent Mental Health	Consortium					28,715	28,715
WEFO					2,000	208,083	210,083
WCVA - Resilience Fund		Tree Nursery				20,953	20,953
Open Spaces Open	Minds Lottery					4,460	4,460
Woodland Routes to	Wellbeing					17,271	17,271
Caerphilly Mind —My	Whole Life					8,056	8,057
Support costs					29,567	806	30,372
					46,112	1,084,045	1,130,157
Expenditure on charitable activities				by activity type
				Activities
				undertaken		Total funds	Total fund
				directly	Support costs	2023	2022
				F	6	6
General Fund				16,562	29,660	46,222	38,988
Plafform Out ofWork Project				15,482		15,482
Aneurin Bevan University		Health	Board
-Travel Buddies				17,484		17,484	15,287
Aneurin Bevan University		Health	Board
—No More Barriers				113,467		113,467	83,119
Aneurin Bevan University		Health	Board
-Connecting With Nature				118,846		118,846	102,335
Newport City Council				73,710		73,710	90,241
Aneurin Bevan University		Health	Board
-Taster Sessions				174,150		174,150	192,028
Aneurin Bevan University		Health	Board
- Creative Arts				108,833		108,833	123,708
Aneurin Bevan University		Health	Board
—Rainbow Connectors				83,318		83,318	60,221
BGCBC Community	Regeneration
Fund				30,003		30,003
Kick Start				43,480		43,480	19,093
Aneurin Bevan University		Health	Board
-Crisis Peer Mentors				112,053		112,053	26,510
WCVA				57,837		57,837	75,431
Lloyds				11,098		11,098	7,902
Gwent Mental Health	Consortium						28,715
WEFO				155,278		155,278	210,715

	WCVA- Resilience	Fund Tree Nursery	Fund Tree Nursery	Fund Tree Nursery	Fund Tree Nursery		15,565			15,565	20,953
	Open Spaces Open	Minds		Lottery			3,066			3,066	4,460
	Woodland Routes to Wellbeing						32,702			32,702	17,271
	Caerphilly Mind - My Whole			Life			27,203			27,203	8,057
	Governance costs										5,123
						1,210,137		29,660		1,239,797	1,130,157
11.	General fund
							General		Fund E	Total 2023 f	Total 2022 F
	Finance costs								831	831	618
	Governance costs								11,845	11,845	11,410
	Support costs - Consultancy								16,984	16,984	18,345
								29,660		29,660	30,373
12.	Net income
	Net income is stated	after charging/(crediting):
										2023	2022
										6	F
	Depreciation oftangible		fixed assets							15,731	13,586
	Fees payable for the audit			ofthe financial		statements				5,430	5,123
13.	Staff costs
	The total staff costs	and	employee		benefits	for	the reporting	period are		analysed as	follows:
										2023	2022
											E
	Wages and salaries Social security costs									794,810 52,489	759,298 51,656
	Employer contributions		to pension		plans					14,526	16,084
										861,825	827,038

The average head	The average head	count	ofemployees	ofemployees	during the year was	during the year was	56 (2022 61).The average	number	of
full-time	equivalent	employees		during	the	year is analysed	as follows:
							2023	2022
							No.	No.
Number	ofmanagement		and	administrative		staff	4		4
Number	ofstaff engaged		on charitable		activities		38		39
							42		43

15.	Tangible fixed asset	s	s
		Plant and Fixtures and		Motor
		machinery	fittings	vehicles	Equipment	Total
		6			E
	Cost
	At 1 April 2022	65,594	6,127	21,868	30,289	123,878
	Additions	10,180			6,234	16,414
	At 31 March 2023	75,774	6,127	21,868	36,523	140,292
	Depreciation
	At 1 April 2022	34,233	2,702	14,336	11,115	62,386
	Charge for the year	7,931	858	1,883	5,059	15,731
	At 31 March 2023	42,164	3,560	16,219	16,174	78,117
	Carrying amount
	At 31 March 2023	33,610	2,567	5,649	20,349	62,175
	At 31 March 2022	31,361	3,425	7,532	19,174	61,492
16.	Debtors
					2023	2022
					F	E
	Trade debtors				86,423	75,136
	Prepayments and accrued income				17,374	16,089
	Other debtors					25
					103,797	91,250
17.	Creditors: amounts	falling due within one year
					2023	2022
					6
	Trade creditors				46,903	26,065
	Accruals and deferred	income			70,274	93,836
	Social security and other taxes				3,253	3,090
					120,430	122,991

2023	2022
58,099	79,270

									At
					At				31 March 202
					1 April 2022	Income	Expenditure	Transfers	3
					F		E	F
General funds					285,681	148,054	(46,222)	51,100	438,613
									At
					At				31 March 202
					1 April 2021 E	Income E	Expenditure	Transfers f	2 6
General funds					241,202	90,591	(46,112)		285,681
Restricted	funds
									At
					At				31 March 202
					1 April 2022	Income	Expenditure	Transfers	3
					6			6	6
Gwent Mental		Health
Consortium
Woodland	Routes to
Wellbeing	Lottery				16,423	35,284	(32,702)		19,005
Open Spaces		Open
Minds Lottery					28,373		(3,066)	(25,307)
Newport City		Council			31,653	80,861	(73,710)		38,804
WAG Communities				for
Work Innovation			Fund		16,196				16,196
WCVA					19,202	72,308	(57,837)		33,673

icted funds
			At				At
			1 April 2022	Income	Expenditure	Transfers 31	March 2023
			E	E	E	6
Gwent Mental Health
Consortium
Woodland Routes		to
Wellbeing I ottery			16,423	35,284	(32,702)		19,005
Open Spaces Open
Minds Lottery			28,373		(3,066)	(25,307)
Newport City Council			31,653	80,861	(73,710)		38,804
WAG Communities		for
Work Innovation	Fund		16,196				16,196
WCVA			19,202	72,308	(57,837)		33,673
Aneurin Bevan
University Health		Board
- No More Barriers			48,754	102,223	(113,467)	(25,793)	11,717
Caerphilly County
Borough Council			14,655				14,655
WEFO			31,096	174,647	(155,278)		50,465
Aneurin Bevan
University Health		Board
—Travel Buddies			17,484		(17,484)
Aneurin Bevan
University Health		Board
—Connecting With
Nature			31,745	100,000	(118,846)		12,899
Aneurin Bevan
University Health		Board
-Taster Sessions			12,372	170,000	(174,150)		8,222
Aneurin Bevan
University Health		Board
-Creative Arts			10,399	100,000	(108,833)		1,566
Aneurin Bevan
University Health		Board
- Rainbow Connectors			74,265	21,654	(83,318)		12,601
Lloyds			11,098		(11,098)
Aneurin Bevan
University Health		Board
-Crisis Peer Mentors			13,679	111,601	(112,053)		13,227

Yea	r ended 31 March 2	r ended 31 March 2	r ended 31 March 2	023
20.	Analysis ofcharitable			funds	fconrinuerr)
	Kick Start				19,907	23,573	(43,480)
	Caerphilly Mind -		My
	Whole Life				9,313	17,890	(27,203)
	WCVA Resilience		Fund
	Tree Nursey				14,472	12,475	(15,565)			11,382
	Platform Out ofWork
	Project					15,482	(15,482)
	Cardiff &Vale Recovery
	&Wellbeing					13,500				13,500
	BGCBC Community
	Regeneration Fund					44,669	(30,003)			14,666
					421,086	1,096,167	(1,193,575)	(51,100)		272,578
					At					At
				1 April 2021 f		income F	Expenditure 6	Transfers E	31	March 2022 6
	Gwent Mental Health
	Consortium				26,715		(26,715)
	Woodland Routes		to
	Wellbeing Lottery				(574)	34,268	(17,271)			16,423
	Open Spaces Open
	Minds Lottery				32,833		(4,460)			28,373
	Newport City Council				30,369	91,525	(90,241)			31,653
	WAG Communities		for
	Work Innovation	Fund			16,196					16,196
	WCVA				31,527	61,106	(73,431)			19,202
	Aneurin Bevan
	University Health		Board
	- No More Barriers				34,697	97,176	(83,119)			48,754
	Caerphilly County
	Borough Council				14,655					14,655
	WEFO				132	241,679	(210,715)			31,096
	Aneurin Bevan
	University Health		Board
	—Travel Buddies				32,771		(15,287)			17,484
	Aneurin Bevan
	University Health		Board
	- Connecting With
	Nature				34,080	100,000	(102,335)			31,745

Yea	r ended 31 March 2	r ended 31 March 2	r ended 31 March 2	023
20.	Analysis ofcharitable			funds	(continued&
	Aneurin Bevan
	University Health		Board
	-Taster Sessions				34,400	170,000	(192,028)		12,372
	Aneurin Bevan
	University Health		Board
	-Creative Arts				34,107	100,000	(123,708)		10,399
	Aneurin Bevan
	University Health		Board
	- Rainbow Connectors				27,831	106,655	(60,221)		74,265
	Lloyds				19,000		(7,902)		11,098
	Aneurin Bevan
	University Health		Board
	- Crisis Peer Mentors					40,189	(26,510)		13,679
	Kick Start					39,000	(19,093)		19,907
	Caerphilly Mind	—My
	Whole Life					17,369	(8,056)		9,313
	WCVA Resilience		Fund
	Tree Nursey					37,425	(22,953)		14,472
	Platform Out ofWork
	Project
	Cardiff &Vale Recovery
	8 Wellbeing
	BGCBC Community
	Regeneration Fund
					368,739	1,136,392	(1,084,045)		421,086
21.	Analysis of net	assets		between funds
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2023
									6
	Tangible fixed assets						62,175		62,175
	Current assets						376,438	272,578	649,016
	Net assets						438,613	272,578	711,191
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2022
									6
	Tangible fixed assets						61,492		61,492
	Current assets						36,586	608,689	645,275
	Net assets						98,078	608,689	706,767

Analysis	ofchanges	ofchanges	in net debt
							At
				At	1 Apr 2022	Cash flows	31 Itttar	2023
					6	E		6
Cash at	bank and	in	hand		677,016	(11,367)	665,649